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507 E Cypress St, Normal, IL, 61761

4beds
2baths
--sqft
$285,000
--price/sqft
$2,231/moest. monthly cost
$89,240/yrincome needed

About This Home

Great investment opportunity, All brick duplex; each unit has 2 bed 1 bath with a full unfinished basement. Both sides are currently rented month to month $1365 and tenants pay utilities! There is a 2 car detached garage that tenants share.

Getting Around

54
WalkingSomewhat Walkable
46
TransitSome Transit
51
BikeBikeable

Schools

6/10
Glenn Elementary SchoolGrades K-51.1 mi
5/10
Kingsley Jr High SchoolGrades 6-81.1 mi

Construction

Condition

  • Year built: 1967

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Ranch
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished,Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 1

Heating

  • Heating features: Natural Gas

Property

Details

  • Parcel number: 1427116004
  • Zoning: MULTI
  • Special condition: None

Lot

  • Lot size: 9,301 sqft
  • Lot size dimensions: 71 x 131

Parking

  • Total spaces: 2
  • Parking features: Yes,Garage Owned,Detached,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Heat Wave
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters Across Illinois Counties

Flood
Other
Severe Storm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,441$17,292
Home Insurance *$159$1,908
Property Taxes $501$6,012
Electricity $130$1,569
Total$2,231$26,772
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$76,491/yr
40% on housing$66,930/yr
45% on housing$59,493/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.5%
14.5%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -2.5%
-2.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 61761$127
McLean County$118

vs Homes Sold Last Month

Median $/sqft

ZIP 61761$119
McLean County$115

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-17Price change$279,900
2026-07-08Listed for sale$285,000
2017-11-28Sold$150,000

For Sale by Agent

AgentKatie Golliday
BrokerageKeller Williams Revolution

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